All Entries Tagged With: "financial"
G-8 leaders: Recovery still facing obstacles
By Andria Cheng , MarketWatch President Obama speaks at Saturday’s G-8 meeting as Germany’s Angela Merkel, Britain’s David Cameron (rear) and Russia’s Dmitri Medvedev listen. NEW YORK (MarketWatch) — President Barack Obama and other Group of Eight leaders said on Saturday while the global economic recovery shows signs of promise, significant headwinds persist. With the economic crisis in the euro zone among the key point of discussions, the world leaders said they affirm their interest in Greece remaining in the Eurozone while respecting its commitments.
Wall St Ahead: Mkt is oversold, but major cues say ‘Sell’
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Wall St Ahead: Mkt is oversold, but major cues say ‘Sell’ Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions.
Financial Stocks: J.P. Morgan down again as financials weaken
By Greg Morcroft , MarketWatch NEW YORK (MarketWatch) — U.S.
Canadian Markets: Canada stocks post second straight weekly loss
LOS ANGELES (MarketWatch) — Canadian stocks fell Friday, with losses among commodities issues after weak Chinese economic data also solidifying the market’s decline for the week. The S&P/TSX Composite Index (CA:$ISPTX) fell 0.4% to 11,694.67. The index fell 1.5% for the week, its second consecutive weekly decline
Chuck Jaffe: Give your financial adviser clear goals
BOSTON (MarketWatch) — Investors say investment performance is not what drives them to work with a financial adviser. But when performance sours, the investing results — supposedly a secondary factor in the hiring decision — typically lead to the adviser being fired. A new study helps show why that is, and leaves investors and consumers a lesson to consider about hiring a broker or financial planner.
Asia Markets: Most Asia markets rebound, but China falls
By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Most Asia stock markets notched slim gains Tuesday, but the rebound was constrained by political uncertainty in Greece, and Chinese shares slipped to the downside. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 +0.69% added 0.7%, while South Korea’s Kospi KR:SEU +0.54% gained 0.5%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO +0.30% put on 0.3%.
Swiss Finance sells 1 crore shares of JM Financial
Like this story, share it with millions of investors on M3 Swiss Finance sells 1 crore shares of JM Financial On May 04, 2012 Swiss Finance Corporation (Mauritius) Ltd sold 10,349,174 shares of JM Financial at Rs 13 on the BSE. On May 04, 2012 Swiss Finance Corporation (Mauritius) Ltd sold 10,349,174 shares of JM Financial at Rs 13 on the BSE
Global Markets Weekahead: No escaping European risks
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Global Markets Weekahead: No escaping European risks The prospect of political risks joining economic and debt problems on the euro zone’s list of worries will keep investors focused firmly on safety plays in the coming week. The prospect of political risks joining economic and debt problems on the euro zone’s list of worries, just as the outlook for global growth becomes uncertain, will keep investors focused firmly on safety plays in the coming week.
BNP Paribas profit lifted by Klepierre stake sale
By Noemie Bisserbe PARIS (MarketWatch) — French bank BNP Paribas SA (BNP.FR) said Friday it had completed 80% of a restructuring plan intended to distance it from Europe’s continuing debt crisis and posted firmly higher first-quarter net profit. The Paris-based lender, France’s largest bank by market value, reported a 10% rise in first-quarter net profit, as a capital gain from the sale of more than half its stake in real-estate firm Klepierre (LI.FR) offset pressure on revenue at its corporate and investment bank. Net profit rose to EUR2.87 billion in the three months ended March 31, 2012, from EUR2.62 billion a year earlier, beating analyst forecasts of EUR2.5 billion in a FactSet poll.
Wall Street has lowered the bar for April’s jobs report
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Wall Street has lowered the bar for April’s jobs report April`s employment report is expected to show that the slow growing economy added about 170,000 jobs-better than March but a more sluggish pace than earlier in the year. April`s employment report is expected to show that the slow growing economy added about 170,000 jobs-better than March but a more sluggish pace than earlier in the year. Economists expect to see the unemployment rate hold at 8.2%, when the report is released at 8:30 a.m